Multi-Building Storage
103 N Main Street Reeseville, WI 53579
103 N Main Street, Reeseville, WI, 53579
$1,700,000
For Sale
$1,700,000
COMMERCIAL - Reeseville, WI
Property Size14,519 SF
Lot Size2.08 Acres
Price / SF$117.09
Days on Market44
Property Features for 103 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 177-1014-2834-081
- Size
- 14,519 SF
- Lot size
- 2.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5456
Building Details
- Year built
- 1997
- Number of units
- 6
- Roof type
- Metal, Composition
Listing agency
Real Broker LLC
(855) 450-0442
Listed by
Candy Lauby
(608) 235-3807
Added: Jun 10 Updated: Jul 23 at 7:27AM Checked: Jul 23 at 10:06AM
MLS# 2009873
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale storage facility features five separate buildings containing approximately 100 storage units, with 98% of units currently rented. The property also includes an additional 1,100 sq ft space that can be used for business or housing rental. The seller reports the facility is well maintained and notes the sale is being made “as is.” The site covers 2.08 acres and includes additional room for potential future expansion, including the possibility of adding up to four more storage buildings.
Zoned for commercial use, the property is located at 103 N Main Street in Reeseville, Wisconsin (Dodge County). The listing describes the commercial lot as large enough to support the contemplated storage-building expansion.
With multiple buildings, the existing configuration is designed to support ongoing storage demand, while the included rental space adds an additional revenue component tied to the property’s existing improvements.
Zoned for commercial use, the property is located at 103 N Main Street in Reeseville, Wisconsin (Dodge County). The listing describes the commercial lot as large enough to support the contemplated storage-building expansion.
With multiple buildings, the existing configuration is designed to support ongoing storage demand, while the included rental space adds an additional revenue component tied to the property’s existing improvements.
Key Highlights
- 5‑building, 100‑unit storage facility built in 1997
- 98% of units currently rented
- Commercial lot may allow addition of up to 4 more storage unit buildings
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.2k | $12.00 |
| − Vacancy | −$13.9k | −$0.96 |
| EGI | $160.3k | $11.04 |
| − OpEx | −$48.1k | −$3.31 |
| NOI | $112.2k | $7.73 |
14,519 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$1.60M
$1.40M – $1.87M
NOI $112,203 @ 7.0% cap · market cap 6.60%
Second Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $104,739 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$3.15M
$2.76M – $3.68M
NOI $220,782 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Personality Plus Family ...
Hair Salon
GJM Mini Storage
Storage Facility
FAQs
What type of property is this?
Self storage facility - Five-building storage facility with about 100 units and 98% occupancy, plus an included 1,100 sq ft rental space.
Where is this self storage facility located?
The property is located at 103 N Main Street Reeseville, WI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5‑building, 100‑unit storage facility built in 1997; 98% of units currently rented; Commercial lot may allow addition of up to 4 more storage unit buildings
